2904 Washington Blvd - Hospitality FOR SALE


Marina Del Rey, CA 90292
$29,000,000 USD
310-395-2663
2904 Washington Blvd, Marina Del Rey, CA for Sale
$29,000,000 USD
Hospitality - FOR SALE
1/11
null | Request Cap Rate

2904 Washington Blvd
Marina Del Rey, CA 90292


OVERVIEW

This boutique hotel has been around since 1965, and attracts tourist from around the world, most of which comes from Europe and Asia. It is on the border of Marina del Rey and Venice less than a mile from the beach. Only a few miles from both Los Angeles International Airport and Santa Monica, it is centrally located upscale beach community. Walking distance to the Pacific Ocean, Yacht Harbor, Marina Strand, Venice Boardwalk, and steps away from the Abbot Kinney Boulevard eclectic shopping district. A short drive, Uber, bus, skate or bicycle ride to the famous Santa Monica Pier and the end of Route 66, as well as the Third Street Promenade. In any direction, there is a wide variety of international food choices, from reasonably priced to fine dining. The Jolly Roger has 82 rooms, 56 free parking spots, a small heated pool and a café with inside and outside seating.

FOR SALE DETAILS

PRICE

$29,000,000 USD

PRICE/SF

$1,172 USD /SF

# OF ROOMS

82

PRICE/ROOM

$353,659 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jolly Roger Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1959

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

LAC2

APN/PARCEL ID

4237-026-018,4237-026-019,4237-026-038,4237-026-045

ASK ABOUT THIS PROPERTY

Jeffrey JarowPAR Commercial Brokerage, Inc.More Info
310-395-2663

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Jeffrey JarowPAR Commercial Brokerage, Inc.More Info
310-395-2663

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.